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Our History

About:

Giga Mais is Brazil’s largest independent fiber-optic (FTTH) broadband operator by network length. The Company serves approximately 1.2 million customers in more than 860 cities across 22 states, through its own fiber-optic network of more than 150,000 kilometers.

The Company runs two business units on a single network and has approximately 3,700 employees. The B2C unit operates under the Giga+ Fibra brand and sells broadband and digital services directly to residential customers. The B2B unit operates under the Giga+ Empresas brand and provides connectivity and solutions to businesses, government entities, carriers and other internet service providers, including wholesale access to its network. Information on contracts signed with Brazilian federal government agencies is available on the Federal Government Transparency Portal (Portal da Transparência – Consulta de Contratos Públicos). Because both units share a single network, the Company benefits from economies of scale in both capital expenditures and operations.

The Company’s strategy has three priorities: operational excellence, customer base profitability and disciplined capital allocation, with a focus on cash generation and deleveraging.

Giga Mais is controlled by funds managed by eB Capital, a Brazilian alternative investment manager that takes an active role in real-economy companies. eB Capital’s approach is grounded in operational excellence and a long-term perspective.

2018
2019
2020
2021
2022
2023
2024
2025
2026

eB Capital enters the FTTH broadband market with its pioneering investment in Sumicity, a company based in the city of Carmo, in the interior of the state of Rio de Janeiro.

With investments from eB Capital, Sumicity doubled its subscriber base, becoming the fastest-growing provider nationally, according to Anatel.

eB Capital raised additional funds in the order of approximately R$1.5 billion for investments in the FTTH broadband sector. As a result, during the same period, it consolidated its presence in the markets of the North and Northeast regions through the acquisition of Mob Telecom.

After completing 11 significant acquisitions, a company with a national presence was formed, with over 1.1 million connected households, spanning 20 states, 254 cities, and reaching the milestone of approximately 6 million homes passed.

The process of integrating recently acquired companies began, with the centralization of key areas such as Finance, Accounting, Procurement, Legal, M&A, Strategic Planning, Systems, Engineering, Network, among others. Additionally, there was a reorganization of the nine commercial brands originated from previous acquisitions into three regional clusters of operation. From an operational standpoint, the year was marked by Alloha Fiber maintaining its position as the national leader, with organic growth of 100%, reaching the milestone of 1.3 million connected households in 280 cities, and with a total of 7.8 million homes passed.

Reorganization of the cluster model into two business units: B2C, focused on direct-to-consumer sales, and B2B, which will serve corporate clients, government, carriers, and ISPs.

First quarterly profit in Alloha’s history. Implementation of the new organizational culture Alloha’s Way of Being. Completion of the entire migration and integration process of the systems of the nine brands acquired in recent years. In the B2C and B2B markets, a single brand is presented: Giga +. To boost its level of corporate governance, the company becomes a publicly traded company by the CVM.

Under new leadership, the Company began restructuring its processes to improve efficiency, productivity, profitability and competitiveness.

Through a business restructuring plan designed to strengthen the Company’s financial sustainability and refine its commercial strategy, the Company aims to become a leader in
operational excellence and to make 2026 its Turnaround Year.